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Sagitta Raises $3.5 M Round-2 Funding

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HAUPPAUGE, N.Y., Oct. 21 -- Sagitta Ltd., a manufacturer process equipment for the fiber optic and semiconductor industries, announced it has raised $3.5 million from Alice Ventures in a follow-on investment to its January round of $15.3 million led by Pitango Venture Capital.

Sagitta launched its first product in fiber optics last year, the Gemini-Pi, a process system that integrates polishing, cleaning and optical metrology for fiber optic components and connectors. Earlier this year it launched its second product, the Gemini Cx.

The company's other shareholders include Pitango Venture Capital, Tamir Fishman Ventures, Ascend Technology Ventures and strategic investors such as JDS Uniphase and Orbotech.

For more information, visit: www.sagitta.com

Teledyne DALSA - Linea HS2 11/24 MR

Published: October 2002
Glossary
metrology
Metrology is the science and practice of measurement. It encompasses the theoretical and practical aspects of measurement, including the development of measurement standards, techniques, and instruments, as well as the application of measurement principles in various fields. The primary objectives of metrology are to ensure accuracy, reliability, and consistency in measurements and to establish traceability to recognized standards. Metrology plays a crucial role in science, industry,...
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